after discounting the tightening policies from the FED, by raising rates for he next two meetings by 50 bps , the market discounted the news already and the main focus is on the month of September in which the FED can pause or reduce the rate hikes again to 25bps meaning the risk sentiment is back on to the market and we might see more recovery to the American indices. i prefer to wait the recovery to finish near the upper channel and short again... good luck